Jet2 PLC Adjustment of Convertible Bond Conversion Price (2367N)

TIDMJET2

RNS Number : 2367N

Jet2 PLC

21 September 2023

21 September 2023

Jet2 plc

( the "Company")

Adjustment of Convertible Bond Conversion Price

Jet2 plc, the Leisure Travel group, announces to holders of its GBP387.4 million 1.625% guaranteed convertible bonds due 2026 (ISIN: XS2351465179) (the "Convertible Bonds") that, as a result of the final dividend of 8.0 pence per ordinary share in the Company payable to shareholders on the register at the close of business on 22 September 2023, the Conversion Price has been adjusted from GBP18.06 per Ordinary Share to GBP17.8747 per Ordinary Share, effective as of 21 September 2023, in accordance with Condition 6(b)(iii) of the terms and conditions of the Convertible Bonds.

Capitalised terms not otherwise defined in this announcement shall have the meaning given to them in the terms and conditions of the Convertible Bonds which are available on the Company's website at https://www.jet2plc.com/en/convertible-bonds .

The Company also announces that its nominated adviser has changed its name to Cavendish Securities plc (formerly Cenkos Securities plc) following completion of its own corporate merger.

For further information please contact:

 
 Jet2 plc 
  Steve Heapy, Chief Executive Officer 
  Gary Brown, Group Chief Financial Officer 
  Ian Day, Group Company Secretary             0113 239 7692 
 Cavendish Securities plc 
  Nominated Adviser 
  Katy Birkin / Camilla Hume                   020 7220 0500 
 Buchanan 
  Financial PR 
  Richard Oldworth/Toto Berger                 020 7466 5000 
 

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September 21, 2023 06:33 ET (10:33 GMT)